Jitendra Chartered Accountants Blog

Five bad Financial habits small business owners should Avoid

Accounting in UAE: Five Bad Habits Small Business Owners Should Break in 2022

April 2, 2022

Adopting robust internal practices makes companies agile enough to stay a step ahead. However, the lack of effective internal controls and practices create inefficiencies, giving constant headaches to business owners.…

Due Diligence Audit in the UAE: The Purpose and Types

March 26, 2022

Auditing

Typically, we associate the word “auditors” with professionals who conduct an annual audit of a company’s financial statements. However, the role of auditors is not restricted to the adjusting of financial statements…

Key Compliance Requirements to Meet AML Obligations in ADGM Free Zone

March 26, 2022

Anti-Money Laundering (AML)

Companies incorporated in the Abu Dhabi Global Market (ADGM) Free Zone are required to meet the requirements as per the Anti-money Laundering and Combatting Financing of Terrorism (AML-CFT) Law. The…

7 Ways to pull your Small Business out of a cash crunch-min

Seven Ways to Pull Your Small Business out of a Cash Crunch

March 26, 2022

Accounting & Bookkeeping

Entrepreneurs may see their business slowing down even if they work around the clock. Cash flow issues may hit every business at some point, no matter how hard you work.…

A Guide to VAT Implication on Residential Real Estate Sector in the UAE

March 26, 2022

Tax/VAT

The UAE introduced Value Added Tax (VAT) in 2018 with great impact on a wide range of sectors including the real estate industry. However, you need to understand how the…

an auditors guide to top internal control

An Auditor’s Guide To Top Five Internal Control Challenges Faced by SME

March 19, 2022

Auditing

You may think that only big companies find it challenging to combat internal fraud as they have thousands of employees in multiple offices. However, SMEs also struggle when it comes…

Facing Audit for the First Time in Dubai? Be Prepared with this Checklist

March 19, 2022

Auditing

Dealing with external auditors can be challenging for an accountant especially if he is not prepared and done the homework. Also, preparing for the first-time audits will be a daunting task,…

Key Accounting Terms & Concepts Every Entrepreneur Should Know

March 19, 2022

Accounting & Bookkeeping

The accounting team of your business quietly does its work taking care of your company’s financial processes, which allows you to focus on your core competencies. Entrepreneurs must be like…

VAT on Sale Or Disposal of Motor Vehicles held as Business Assets in the UAE

VAT Treatment of Sale or Disposal of Motor Vehicles Held as a Business Asset in the UAE

March 19, 2022

Tax/VAT

Most of the businesses in the UAE purchase, rent or lease motor vehicles to be used for business purposes. Such motor vehicles are considered as part of the company’s assets.…

Five Steps Involved in a Risk-Based Technique for Internal Audits

March 12, 2022

Auditing

Companies are increasingly facing different types of risks that affect how they operate. Identifying and managing these risks has become critical in the wake of some high-profile corporate failures in…

Jitendra Chartered Accountants Blog

Accounting in UAE: Five Bad Habits Small Business Owners Should Break in 2022

Due Diligence Audit in the UAE: The Purpose and Types

Key Compliance Requirements to Meet AML Obligations in ADGM Free Zone

Seven Ways to Pull Your Small Business out of a Cash Crunch

A Guide to VAT Implication on Residential Real Estate Sector in the UAE

An Auditor’s Guide To Top Five Internal Control Challenges Faced by SME

Facing Audit for the First Time in Dubai? Be Prepared with this Checklist

Key Accounting Terms & Concepts Every Entrepreneur Should Know

VAT Treatment of Sale or Disposal of Motor Vehicles Held as a Business Asset in the UAE

Five Steps Involved in a Risk-Based Technique for Internal Audits

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